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Pratik_4Clover
Nov 4, 2019 8:03 AM

Need close above 30400 or we might start seeing weakness 

Nifty Bank IndexNSE

Description

As you can see from today's price action, it is clear that BNF is in need of trigger to sustain above 30400, not sustaining above it is not a good sign for bulls and we might end up reversing to 29900 and 29500 levels if we can not close above this.

It is not advised to carry any positions today EOD, its better to book longs if any and be on shorter tf for trading for small profits.
Comments
ankurstg
What is this indicator u have used... plz share
Pratik_4Clover
@ankurstg, RSI, Heiken and ICHIMAKU
Pradeep39t
Spot on analysis bro....Its really amazing to go through your analysis.
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